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Property market

Flaxdown, a 330 ha farm at Balmoral, was sold at auction on Thursday for $675,000, $265,000 more than its I Government valuation of | 1980. According to the auc- ' tioneer. Mr D. J. Selby, of The Farmers, about 130 people attended the auction, and bidding by several was "very fluent." The farm, which is on Tekoa Road. 15 miles from Culverden. contains two small quarries returning roy- • alties based on output. A four-bedroomed weatherboard homestead of 1680 sq ft. as well as the usual farm buildings and shearers quarters are on the property, which has been farmed by the Forrester family for 5(1 years.

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https://paperspast.natlib.govt.nz/newspapers/CHP19810530.2.105.10

Bibliographic details

Press, 30 May 1981, Page 18

Word Count
105

Property market Press, 30 May 1981, Page 18

Property market Press, 30 May 1981, Page 18